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unemployment. you are looking at relatively years of that high level. bill: you come on tv and tell us you don't want to be mr. doom and gloom, i'm throwing you a lifeline today. >> i'm actually optimistic about the economy going forward. you are going to have on your program, you are going to have a prediction the republicans win big in november. if that happens, you look forward to the state of the economy, you could see a return of some con if i den in the economy. you could see that. bill: because vote were would see washington slowing down? >> business will be able to say -- there will be no big spending programs. we'll get certainly on regulations and taxes. the $2 trillion held by big companies on the sidelines. if they return to con if i den the economy will expand, that money will come off the sidelines and go into the economy and we'll expand. i'm optimistic of a republican sweep. bill: i'm going to give you a gloom and doom in quotes today. i'll cut you a break. martha: i have some upbeat news for you. september started off pretty darn good. the dow joins industrial posting its bigg
, everybody, i'm bill hemmer, welcome to america us newsroom. martha: short weekend for us good to see you here, good morning, i'm martha mcoccasionum. one of the highest researchinging republicans in the house says if it is the only option, he will go along with the president. we're talking, of course, about house minority lead john boehner, he got a lot of attention over the weekend with this one, he says he will go for allowing the bush tax cuts to end just for the middle class if that's all he can get, even though he he and her republicans think it would be bad to raise the taxes on anybody. listen to this: >> if the only option i have is to vote for some of those tax reductions, i'll vote for them. but i've been making the point now for months that we need to extend all the current rates for all americans, if we want to get our economy going again and we want to get jobs in america. >> so you are saying you would vote for the middle class tax cuts if that's all you can get done? >> if that's what we can get done, but i think that's bad policy. i don't think that's going to help our ec
show. jordan sparks, thank you very much for joining us live today. >> thank you very much. >> congratulations. >> see you tomorrow. bill: all right, good morning, everybody. where has time gone, huh? the health care law, signed into law, six months ago today, joe biden said it was a big bleeping deal and provisions set to take place in 24 hours that will affect millions of americans. are you one of them? is your family part of this? big bleeping deal, huh? >> martha: it was a big bleeping deal! bill: i'm bill hemmer. martha: good morning, bill, good morning, everybody, i'm martha maccallum. president obama will discuss the so-called patient bills of rights. this is the way it's framed today. he's going to talk to people who say they've benefitted from the health care overhaul. the president said democrats should be proud on this, when they go out campaigning in terms of the new law, but with just weeks to go before the midterm the only democrats that seem to be talking about it on the campaign trail are the ones who voted against it. bill: this may be why, new polling numb
maccallum, good to have you with us this morning. midterm elections are two months away and the president is expected to say that the bush tax cuts will be extended for some but not for all americans. bill: also martha is former budget director who was in the job a few months ago who said this is not a good idea, ready for a stalemate are new what's new. stuart varney, fox business network, host of varney & company. first the news, what do we expect to hear on the economy? >> today the president goes to cleveland, he is going to be pushing for a $200 billion tax credit plan, part of the overall stimulus program, he's going to get personal, he's going to talk about his own financial struggles, to use that as a way to leverage off on the economy front. that's what's going to happen today, bill. you mentioned stalemate there, and that's exactly what we've got. in a nutshell, if you look at overall policy, you do have stalemate. here's what you've got: you've got the president, he wants to spend, republicans and some democrats do not. the president wants to tax, republicans and some democrats
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